Equated monthly installment. An equated monthly installment (EMI) is defined by Investopedia as A fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are used to pay off both interest and principal each month, so that over a specified number of years, the loan is paid off in full..
Quote definition, to repeat (a passage, phrase, etc.) from a book, speech, or the like, as by way of authority, illustration, etc. See more.
Direct or quoted speech is a sentence (or several sentences) that reports speech or thought in its original form phrased by the original speaker.It is usually enclosed in quotation marks. The cited speaker is either mentioned in the inquit (Latin he/she says) or implied.irect or quoted speech is a sentence (or several sentences) that reports speech or thought in its original form phrased by the original speaker.